“Our Planalto Copper Project will be a Mine” explains Lara Exploration CEO Simon Ingram
Lara Exploration (TSXV:LRA — OTC:LRAXF) President and CEO Dr. Simon Ingram provides an update focused on the company’s recently closed C$33M (about US$25M) financing at C$3/share with no warrants. Ingram says the funding provides several years of runway to advance the Planalto copper-gold open-pit project from PEA toward feasibility by drilling the resource (moving inferred/indicated toward indicated/measured) and completing technical and environmental studies. A European copper producer, Atalaya Mining, invested at the corporate level for a 7% stake with no special rights, alongside other institutions, and management also participated. Ingram stated his belief that the Planalto project will be a copper mine and is currently undervalued, which presents a compelling investment proposition. Near-term catalysts include ongoing drill results and follow-up drilling on the Silica Cap trend into the Atlantica license, targeting potentially higher-grade copper mineralization.
00:00 Intro
01:01 Why Raise C$33M?
01:49 Funding Planalto Workplan
03:00 Market Timing and Pricing
04:15 Corporate Investor Explained
06:08 Atalaya Role and Expertise
07:51 Shareholder Base and Insider Buy
09:44 Drilling Budget Breakdown
10:53 Near Term Catalysts
11:54 Atlantica Trend Upside
13:27 Conclusion
Developing Brazil’s Next Copper Mine with Lara Exploration CEO Simon Ingram









